National Express Group PLC Market Purchase of Shares (1959D)
October 05 2018 - 12:14PM
UK Regulatory
TIDMNEX
RNS Number : 1959D
National Express Group PLC
05 October 2018
National Express Group PLC
Market purchase of shares
to be held in the Company's employee benefit trust
National Express Group PLC ("Company") today confirms it has
been notified that on 5 October 2018, First Names Corporate
Services Limited, acting as Trustee of the National Express Group
Employee Benefit Trust ("Trust"), purchased 947,341 ordinary shares
of nominal value 5 pence each in the capital of the Company
("Shares") at an average price of 397.261p per share on the London
Stock Exchange.
The Trust holds Shares for the benefit of the Company's
employees, in particular for satisfying the future vesting of
outstanding awards made under the Company's various employee share
incentive plans. As such, the Company's Executive Directors, as
PDMRs, are amongst the potential beneficiaries of the Shares
purchased and held in the Trust.
Immediately following the above transaction, the Trust holds
1,407,622 Shares for the above purpose, representing 0.29% of the
Company's issued share capital with voting rights.
END
Enquiries to National Express Group PLC:
Michael Arnaouti, Company Secretary 020 7805 3807
Notes
Legal Entity Identifier: 213800A8IQEMY8PA5X34
Classification: 2.4 (with reference to DTR6 Annex 1R)
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END
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